News & Analysis
Optus has become the newest resident of the Sydney Startup Hub, today opening its Optus Innovation Hub as it looks to boost collaboration with startups.
Australian edutech startup OpenLearning has raised $8.5 million in a Series A round led by Malaysian companies Prestariang Berhad and Paramount Corporation Berhad, with participation from a handful of local investors.
The Victorian Government has launched Foundry658, a program geared towards growing the state’s “creative and cultural” businesses.
Australian infant formula business Bubs Australia is gearing up for growth in China, today announcing the opening of a store on Alibaba’s Tmall Global platform
Despite receiving less funding than male-founded ventures, women-owned companies are generating more revenue, a study has found.
Having kicked off the round last year, the CSIRO’s Main Sequence Ventures has led a $3.75 million Series A round for edutech startup Intersective.
Small business lending startup Prospa has delayed its ASX listing as it seeks to clarify questions raised by ASIC yesterday around its loan terms.
European startup Stocard, whose app allows users to store their loyalty cards and collect loyalty points, has raised $20 million from Macquarie Capital.
Melbourne coworking community YBF Ventures has launched Lift Off, a program aiming to boost diversity in the fintech space.
Melbourne-founded AmazingCo, a startup whose platform allows users to plan special events and outings online, has raised $2.3 million in a funding round led by Rampersand VC.
Amazon’s announcement that it will block shipping to Australia from Amazon.com and redirect users to the Oz site has angered the company’s Aussie users.
Coworking community Tank Stream Labs has partnered with Blockchain Professionals Sydney to launch a blockchain-focused hub in its Sydney space.
Automotive giant Daimler has led a US$175 million ($231 million) funding round for Estonian rideshare startup Taxify, bringing the company’s valuation to US$1 billion.
Just a few weeks on from securing a $20 million debt funding facility from National Australia Bank, fintech startup Brighte has raised $18.5 million in a Series B round led by Airtree Ventures.